Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error. In this paper, we use two simulated instrumental variables strategies to estimate the causal effect of income on children's math and reading achievement. Our identification derives from the large, non-linear changes…

"Little by little, the child develops," wrote an undergraduate in a friend's cognitive development class, and so, for the most part, it is. But what explains the U's of cognitive development? Namy, Campbell, and Tomasello and Cashon and Cohen take a standard approach to understanding U-shaped curves: as the product of a mix of different cognitive…